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. >> shannon: a scary thought, imagine the government compensating 40% of your savings. this is "special report." >> shannon: good evening. i'm shannon bream in for bret baier. citizens are going to feel a major pinch, something unthinkable in this country. greg palkot has the lead story tonight. >> the people of cyprus got the news they wanted but it will to be happy about. they have been saved from bankruptcy. one of the biggest banks will be shut down in part of a broader, economic slowdown here. >> it's too bad. >> bad. >> why? >> too bad. >> small depositors would be protected but people with bank account of $130,000 or more could see 40% or more seized by the both to pay for the bail-out. >> our deposits are not safe. >> european union officials defended the approach and called it the new template to handle future euro zone problems. stock markets said to fall in part op that news. european union says it cares. >> we will do everything possible. >> with the the merge european union funds assured some are set -- some banks set to reopen tuesday. they are going to try to prevent run on the
of government offices and businesses early. traffic jacks and some gridlock across the city. the same time, today was marked by new political uncertainty. lack lab announced provincial elections would be put off for six months. iraqi government sources are telling us now that the delay will be extented for all provinces across iraq. so in some, while the security has mostly improved in iraq over the last few years, the anniversary was a reminder of the darker days. >> bret: yeah, dave, what were you hearing and seeing? what were you hearing from the iraqis? were they shocked by this bombing, the series of bombings? >> guest: i think the bombings came as somewhat of a shock. although, everyone was aware of the anniversary. there have been bombings on previous verses haves, but the same time. the anniversary is a day that marks some upate and anger on the part of iraqis toward we werers. westerns are not so much of a target in iraq anymore. so depth and the amount of bombing was a surprise. certainly the announcement by prime minister al-awlaki was a big surprise. >> bret: what about the sec
. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. from the israeli government perspective, a country living with the threat of a nuclear iran possibly. president obama said the right things. during his visit about making sure iran does not get a nuclear weapon. at least one israeli leader is convinced if push comes to shove and military action is needed, the u.s. will be right alongside israel. amid the talk of war, though, the president is also pushing for peace between israelis and palestinians. that effort take a different tone on a specific issue today. chief white house correspondent ed henry is traveling with the president and reports from jerusalem. >> president obama spent a second day in jerusalem showing he is mending fences with israeli leaders to get upclose look at the dead sea scrolls and later trying to go around the leaders to appeal to the young people of israel to talk up peace. >> look to a future in which jews and muslims and christians can all live in peace and greater prosperity in this holy land. >> while also holding out the threat of war. again, vo
of every american. >> a great many of us, place included have deep concerns about the government collecting information on citizenry. >> we are trying to take a document in the constitution, written many years ago. apply it to the mod earn world. at times we have had to struggle with that. >> faa projecting 10,000 operating systems by 2017, witnesses say the benefits range from forest fire to find missing chirp for $25 an hour. >> they range from $250 no thousands of dollars an hour. this costs just one sent to charge the battery we use inside the system. >> financial benefits are obvious, there bipartisan warns that the case law is non-existent. setting 5 supreme court ruling. >> i am amazed that the case that is sought by all side of reliance, 1986 case, involving aerial surveillance from airplane. >> how long do you think a drone can fly before impacting the amendment? >> 400-foot mark by the supreme court but is an open question on if the lower surveillance vehicles would be included the reasonable expectation of privacy or the personal trespass. >> lawmakers told they been ban commerc
numbers. >> the government has to enroll people to make sure they have coverage. >> older people with higher healthcare cost are paying 5 to 7 times what a 20-year-old is paying for the same health insurance policies. >> obamacare will change that allowing a 3 to 1 difference to drive rates up for younger people. >> substantially higher, maybe double what they were paying. of course, that will cause young people say is it worth it? i go without inurious. >> it's absolutely going to be a premium shock for people that are basically younger and healthier. >> a lot of the great shock will be eaten up by the subsidiaries they will receive. >> the fine for an individual not having insurance is low. $95 a year in 2014. so what if young people decide to wait until they get sick, then sign up? >> that would be perfectly allowable under the law. so you could see many million of people moving in that direction. >> that would be perfectly legal, but lethal for obamacare hope to cover everyone and lower costs at the same time. shannon? >> shannon: much more to come on this. thank you. >> abso
markets, including the u.s. because it's going to do the unthinkable. fund a near bankrupt government. at least the solution we went for is for sure not the one we would have liked. but under the circumstances, it was the least painful one. >> exchange for a bail-out from the european union and imf, cyprus wants a so-called tax of around 10% on account of $130,000 and over and 7% for the rest. exposure to invest in the greece and lax banking regulations are to blame. attracting foreign investors including russians. brussels and germany are seen by cypriates as the villain. >> we don't want germany here. we don't want them to help them at all. >> all of this is causing a run on banks in cyprus. banks are closed until thursday. >> i am planning to go to the bank to withdrawal all the money i have in there. have nothing left in there. i can't trust them anymore. >> among t fear among many this approach could be used to back bail-out in other european countries causing a stampede on banks across europe and beyond. >> it raises the possibility of a bank run, which given that we are in the
Search Results 0 to 5 of about 6